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Mutfwang Unveils Livestock Development Initiative

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Governor Mutfwang Plateau

Plateau State Governor Caleb Mutfwang has visited the Wase Game Reserve to advance efforts to revitalize the state’s livestock economy.

A statement signed by the Governor’s Director of Press, Gyang Bere, highlighted that the initiative includes cultivating animal feed for both local use and export, positioning Plateau State as a key player in Nigeria’s livestock development sector.

Accompanied by key government officials, Mutfwang emphasized that the visit aligns with President Bola Ahmed Tinubu’s commitment to enhancing livestock production across the country.

“With the vast expanse of land covering countless kilometers within the Game Reserve, Plateau State has the potential to lead Nigeria in strengthening livestock development for both local consumption and international markets,” the governor stated.

“As part of the plan, 30 hectares of land have been earmarked for the cultivation of Napier grass—an essential feed for livestock.”

“This initiative is expected to boost local animal husbandry while also generating internal revenue through exportation.

“I have come to inspect this vast grazing reserve in Wase in order to activate the president’s vision of developing Nigeria’s livestock economy. Here on the Plateau, we have a unique opportunity to take the lead in this sector.”

He decried the illegal occupation of portions of the Game Reserve by bandits, stressing that security measures will be strengthened in collaboration with local communities and security agencies to reclaim the land for economic purposes.

According to the governor, “This Game Reserve has existed since the era of Northern Nigeria region, yet it has not been effectively utilized. Today, a significant portion of this land is occupied by bandits. However, because we must grow our economy, we will work closely with security agencies and local communities to flush them out.

 

“For genuine pastoralists, we will integrate them into a modern livestock economy where they can thrive. This is just the beginning, and we are taking concrete steps. Boreholes are already being dug to support the cultivation of Napier grass, which we aim to produce in quantities large enough for export.”

 

The governor urged district and ward heads in Wase Local Government Area to strengthen community relations and collaborate in securing their areas, ensuring that residents benefit fully from the livestock transformation initiative.

 

While responding, the Ward Head of Dem 13, Nasarawa, and Yola Wakat Ward in Lamba District, Mr. Daiyubu Muhammad, assured the governor of the community’s full cooperation in ensuring the success of the livestock economy initiative for the benefit of both Wase and the state at large.

 

During his visit, the governor also paid homage to the Emir of Wase, Alhaji Muhammadu Sambo Haruna, at his palace. He called for peaceful coexistence among communities and urged district and ward heads to actively drive the transformation process. He commended the Emir for fostering strong communal ties with various ethnic groups within and beyond the state.

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Enterprise Life Assurance Meets Full Regulatory Capital Requirements, Boosts Liquidity

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BY NKECHI NAECHE-ESEZOBOR—Enterprise Life Assurance (Nigeria) Limited has announced the full remittance of its statutory deposit of N1 billion to the Central Bank of Nigeria (CBN), underscoring its robust financial health and compliance with regulatory mandates.

The Managing Director and Chief Executive Officer of the company, Nelson Akerele, disclosed this during a recent media briefing while addressing the firm’s capital positioning and compliance with the National Insurance Commission (NAICOM).

According to Akerele, Enterprise Life—which entered the Nigerian market approximately five years ago alongside peers like Heirs General and Heirs Life—has progressively built on its foundational capital structure to satisfy current regulatory thresholds.

“We started with ₦8 billion,” Akerele stated, recalling the company’s entry as one of the four entities licensed in that licensing wave. “What we have as a statutory deposit right now, as I speak, is ₦1 billion, which has been fully remitted to the designated account assigned to us.”

Beyond meeting the statutory deposit mandate, the Enterprise Life boss revealed that the company has fully satisfied its Minimum Capital Requirement (MCR).

He attributed this seamless compliance to a deliberate operational strategy that favors liquid assets over heavy fixed investments.

Unlike traditional players with massive capital tied up in real estate, Enterprise Life has maintained an agile, cash-ready balance sheet.

“We are not heavy in terms of buildings and all that; our assets are held in liquid form—in cash and cash equivalents,” Akerele emphasized. “We are an extremely liquid company.”

This cash-heavy asset strategy positions the insurer to promptly meet its obligations, match underwriting risks effectively, and settle policyholders’ claims without the delays often associated with liquidating physical property.

The announcement comes at a critical time when NAICOM continues to emphasize stricter solvency and liquidity management across the Nigerian insurance ecosystem to boost public confidence in the sector.

The post Enterprise Life Assurance Meets Full Regulatory Capital Requirements, Boosts Liquidity appeared first on Business Today NG.

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NITDA, Meta partner to strengthen youth online safety

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The National Information Technology Development Agency (NITDA) has partnered with Meta to promote responsible digital citizenship and protect young Nigerians online.

The Director-General of NITDA, Kashifu Inuwa, disclosed the partnership at the Youth Safety Summit organised by Meta on Thursday.

At the summit, held in Abuja, Meta, in partnership with NITDA and the Federal Ministry of Youth Development, also launched the Youth Online Safety Campaign and My Digital World 2.0.

The stakeholders at the summit, including government officials, civil society organisations, educators, and industry leaders, deliberated on strategies to create a safer digital environment for young people.

Represented by Ahmed Tambuwal, acting director of NITDA’s Digital Literacy and Capacity Building Department, Mr Inuwa said the agency remained committed to ensuring that young people enjoy safe, positive, and age-appropriate online experiences.

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He noted that NITDA’s ongoing nationwide digital literacy programmes would receive a significant boost through its collaboration with Meta, particularly in advancing online safety education among young Nigerians.

READ ALSO: NITDA enters pact with DAWN Commission to accelerate digital literacy in Southwest

According to him, the partnership seeks to integrate online safety education into the school system, equipping students with the knowledge, skills, and values required to use digital technologies safely, responsibly, and productively.

Stakeholders at the event emphasised the need for stronger collaboration among government agencies, technology companies, educators, and civil society groups to address emerging online risks and promote digital well-being among young people.

The initiatives are expected to enhance digital literacy, strengthen online safety awareness, and support efforts to create a more secure and inclusive digital ecosystem for Nigerian youths.

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